¥34.05 ($5.08)

-0.28 (-0.82%)

SHZ · Industrials · Electrical Equipment & Parts · Tech Score Sell · Power 37 · ¥19.8B mcap · 235M float · 6.59% daily turnover

Overview Chart Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ETF Exposure

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

Sep 30, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. 002518.SZ receives an overall rating of B. Strongest factors: ROE (4/5), ROA (5/5). Areas of concern: P/E (1/5), P/B (1/5).

Rating Change History

Date	From	To
2026-08-31	B+	B
2026-08-21	B	B+
2026-08-11	B+	B
2026-06-22	A-	B+
2026-05-18	B+	A-
2026-05-11	A-	B+
2026-05-06	None	ADDED
2026-05-05	EXISTED	None
2026-04-28	B	B+
2026-03-23	B-	B

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 72 Grade A

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

100

Safety

100

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. 002518.SZ scores highest in Safety (100/100) and lowest in Value (34/100). An overall grade of A places 002518.SZ among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

7.83

Safe Zone

Piotroski F-Score

7/9

✓ ✓ ✓ ✓ ✗ ✗ ✓ ✓ ✓

Beneish M-Score

-2.68

Unlikely Manipulator

Ohlson O-Score

-9.48

Bankruptcy prob: 0.0%

Low Risk

Credit Rating

AA+

Score: 93.0/100

Trend: Deteriorating

Earnings Quality

100/100

OCF/NI: 1.51x

Accruals: -4.4%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. 002518.SZ scores 7.83, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. 002518.SZ scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. 002518.SZ's score of -2.68 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. 002518.SZ's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. 002518.SZ receives an estimated rating of AA+ (score: 93.0/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). 002518.SZ's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

30.68x

PEG

0.61x

P/S

3.48x

P/B

4.07x

P/FCF

41.57x

P/OCF

31.98x

EV/EBITDA

37.60x

EV/Revenue

5.34x

EV/EBIT

40.46x

EV/FCF

40.51x

Earnings Yield

2.07%

FCF Yield

2.41%

Shareholder Yield

0.84%

Graham Number

$14.45

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 30.7x earnings, 002518.SZ commands a growth premium. Graham's intrinsic value formula yields $14.45 per share, 136% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.858

NI / EBT

Interest Burden

1.001

EBT / EBIT

EBIT Margin

0.132

EBIT / Rev

Asset Turnover

0.758

Rev / Assets

Equity Multiplier

1.611

Assets / Equity

ROE

13.8%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. 002518.SZ's ROE of 13.8% is driven by Asset Turnover (0.758), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

15.00%

Fair P/E

38.50x

Intrinsic Value

$42.69

Price/Value

1.26x

Margin of Safety

-25.52%

Premium

25.52%

Assessment

Neutral

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with 002518.SZ's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. 002518.SZ trades at a 26% premium to its adjusted intrinsic value of $42.69, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 30.7x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$34.05

Median 1Y

$35.84

5th Pctile

$14.70

95th Pctile

$87.57

Ann. Volatility

54.7%

25th–75th percentile 5th–95th percentile Median path Historical

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	12.3%	12.7%	11.4%	13.7%	17.0%	19.9%	24.2%	26.9%	24.3%	21.8%	18.1%	14.0%	12.2%	9.2%	8.6%	9.9%	10.7%	13.3%	13.5%	13.8%	13.83%
ROA	8.2%	8.2%	7.4%	8.8%	10.6%	11.8%	13.9%	15.4%	14.4%	12.9%	10.7%	8.2%	7.5%	5.6%	5.6%	6.4%	6.9%	8.1%	8.5%	8.6%	8.58%
ROIC	20.6%	23.8%	18.6%	22.1%	32.3%	40.7%	52.8%	66.0%	44.5%	34.2%	26.3%	13.0%	13.4%	10.8%	9.5%	10.9%	10.9%	20.8%	18.5%	15.6%	15.65%
ROCE	10.5%	11.0%	9.8%	11.6%	15.3%	18.6%	23.5%	25.9%	24.2%	20.1%	15.5%	11.0%	10.0%	7.7%	7.2%	8.8%	8.8%	12.7%	13.4%	14.3%	14.26%
Gross Margin	34.6%	24.9%	29.3%	31.1%	31.3%	31.3%	32.0%	32.3%	34.7%	25.1%	33.0%	25.4%	36.2%	20.5%	29.4%	27.4%	27.9%	29.9%	29.7%	28.4%	28.42%
Operating Margin	18.4%	8.4%	11.8%	20.0%	23.4%	15.4%	21.8%	22.8%	17.9%	12.0%	17.7%	9.4%	15.4%	5.2%	14.2%	14.3%	14.4%	11.6%	12.9%	12.9%	12.90%
Net Margin	15.6%	9.6%	9.7%	17.0%	18.8%	12.6%	16.7%	18.8%	15.3%	11.2%	14.9%	9.0%	13.5%	3.0%	11.8%	11.8%	13.2%	9.9%	11.2%	11.2%	11.21%
EBITDA Margin	16.5%	9.0%	13.4%	20.2%	22.4%	15.3%	23.8%	22.2%	20.9%	7.6%	17.5%	8.3%	22.4%	-0.4%	13.6%	13.7%	15.5%	13.3%	12.9%	15.0%	15.04%
FCF Margin	12.6%	9.2%	1.4%	4.4%	7.6%	11.4%	17.4%	18.9%	9.8%	-0.9%	-6.5%	-14.1%	-3.6%	8.0%	5.8%	11.4%	13.4%	14.0%	17.4%	13.2%	13.17%
OCF Margin	20.0%	16.1%	7.9%	10.2%	11.6%	15.2%	20.8%	22.1%	12.9%	2.4%	-2.9%	-10.3%	0.9%	4.3%	2.2%	7.9%	10.7%	17.7%	21.1%	17.1%	17.12%
ROE 3Y Avg	snapshot only																				12.11%
ROE 5Y Avg	snapshot only																				14.78%
ROA 3Y Avg	snapshot only																				7.61%
ROIC 3Y Avg	snapshot only																				18.45%
ROIC Economic	snapshot only																				10.40%
Cash ROA	snapshot only																				11.98%
Cash ROIC	snapshot only																				23.93%
CROIC	snapshot only																				18.41%
NOPAT Margin	snapshot only																				11.20%
Pretax Margin	snapshot only																				13.20%
R&D / Revenue	snapshot only																				5.31%
SGA / Revenue	snapshot only																				3.42%
SBC / Revenue	snapshot only																				0.00%

Valuation

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	42.14	36.77	31.27	43.02	49.25	49.21	31.26	24.03	17.97	18.42	17.91	18.10	22.54	32.93	38.77	30.56	49.75	46.05	40.81	48.33	30.676
P/S Ratio	5.48	4.89	3.69	5.65	7.17	7.34	4.98	3.96	2.83	2.86	2.71	2.26	2.69	3.12	3.46	2.97	4.95	5.34	4.68	5.48	3.479
P/B Ratio	4.97	4.48	3.43	5.66	7.89	9.11	6.91	5.86	3.99	3.69	3.02	2.43	2.65	2.98	3.32	2.95	5.17	5.83	5.24	6.40	4.067
P/FCF	43.60	52.87	271.31	127.42	94.82	64.32	28.67	20.98	28.90	-315.43	-41.92	-16.02	-75.63	38.83	59.78	26.06	36.83	38.13	26.90	41.57	41.571
P/OCF	27.40	30.47	46.83	55.30	61.98	48.30	23.96	17.87	21.97	117.74	—	—	299.73	72.61	155.06	37.73	46.46	30.07	22.20	31.98	31.978
EV/EBITDA	33.64	28.39	23.78	35.63	39.59	38.23	22.75	17.19	12.26	13.73	14.17	17.32	19.37	26.61	32.29	24.29	46.01	35.41	31.73	37.60	37.596
EV/Revenue	5.01	4.36	3.25	5.26	6.73	6.92	4.58	3.55	2.49	2.56	2.40	2.30	2.56	2.93	3.33	2.85	4.88	4.97	4.40	5.34	5.335
EV/EBIT	40.45	33.76	28.82	42.39	44.94	42.44	24.71	18.51	13.28	15.07	15.93	20.50	23.20	33.45	41.03	29.68	53.44	39.49	34.07	40.46	40.459
EV/FCF	39.88	47.15	239.09	118.54	88.92	60.62	26.34	18.79	25.45	-281.72	-37.18	-16.26	-72.11	36.45	57.56	25.00	36.28	35.52	25.29	40.51	40.509
Earnings Yield	2.4%	2.7%	3.2%	2.3%	2.0%	2.0%	3.2%	4.2%	5.6%	5.4%	5.6%	5.5%	4.4%	3.0%	2.6%	3.3%	2.0%	2.2%	2.5%	2.1%	2.07%
FCF Yield	2.3%	1.9%	0.4%	0.8%	1.1%	1.6%	3.5%	4.8%	3.5%	-0.3%	-2.4%	-6.2%	-1.3%	2.6%	1.7%	3.8%	2.7%	2.6%	3.7%	2.4%	2.41%
PEG Ratio	snapshot only																				0.614
Price/Tangible Book	snapshot only																				6.747
EV/OCF	snapshot only																				31.161
EV/Gross Profit	snapshot only																				18.393
Acquirers Multiple	snapshot only																				41.312
Shareholder Yield	snapshot only																				0.84%
Graham Number	snapshot only																				$14.45

Leverage & Solvency

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	2.16	1.99	2.02	2.01	1.98	1.84	1.69	1.71	1.91	1.98	2.15	1.71	1.80	1.70	1.92	1.89	1.89	1.84	1.74	1.81	1.808
Quick Ratio	1.72	1.58	1.45	1.47	1.55	1.43	1.24	1.29	1.41	1.50	1.60	1.17	1.27	1.27	1.40	1.37	1.43	1.48	1.33	1.38	1.379
Debt/Equity	0.02	0.02	0.02	0.03	0.02	0.02	0.02	0.00	0.00	0.03	0.02	0.18	0.04	0.07	0.03	0.00	0.17	0.03	0.03	0.28	0.281
Net Debt/Equity	-0.42	-0.49	-0.41	-0.39	-0.49	-0.52	-0.56	-0.61	-0.48	-0.39	-0.34	0.04	-0.12	-0.18	-0.12	-0.12	-0.08	-0.40	-0.31	-0.16	-0.164
Debt/Assets	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.00	0.00	0.02	0.01	0.12	0.03	0.04	0.02	0.00	0.11	0.02	0.02	0.17	0.168
Debt/EBITDA	0.12	0.12	0.13	0.18	0.13	0.11	0.08	0.02	0.02	0.13	0.08	1.27	0.31	0.64	0.27	0.03	1.53	0.23	0.21	1.70	1.696
Net Debt/EBITDA	-3.14	-3.45	-3.20	-2.67	-2.62	-2.34	-2.01	-2.00	-1.66	-1.64	-1.81	0.26	-0.95	-1.74	-1.24	-1.04	-0.69	-2.61	-2.01	-0.99	-0.986
Interest Coverage	256.89	175.83	220.86	267.02	168.32	236.63	320.59	318.15	521.66	512.91	238.78	157.89	125.85	72.07	70.73	92.75	105.49	206.12	275.09	223.47	223.475
Equity Multiplier	1.54	1.62	1.60	1.61	1.67	1.75	1.86	1.86	1.70	1.63	1.54	1.55	1.57	1.65	1.56	1.55	1.57	1.63	1.63	1.67	1.670
Cash Ratio	snapshot only																				0.755
Debt Service Coverage	snapshot only																				240.495
Cash to Debt	snapshot only																				1.581
FCF to Debt	snapshot only																				0.547
Defensive Interval	snapshot only																				1538.1 days

Efficiency & Turnover

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.63	0.62	0.63	0.67	0.73	0.79	0.87	0.93	0.92	0.83	0.71	0.66	0.63	0.59	0.62	0.66	0.69	0.70	0.74	0.76	0.758
Inventory Turnover	3.42	3.88	2.91	3.11	3.57	3.72	3.20	3.64	3.71	3.65	2.79	2.81	2.58	2.78	2.79	3.03	3.31	3.75	3.54	3.51	3.507
Receivables Turnover	2.93	2.95	3.29	2.99	3.45	3.75	5.05	4.89	4.51	3.99	3.79	3.26	2.98	2.89	2.86	2.96	3.12	3.27	3.56	3.67	3.668
Payables Turnover	1.81	1.74	1.80	1.83	1.94	1.92	3.01	2.06	2.18	2.19	2.80	1.65	2.11	1.81	2.10	2.01	3.70	2.04	2.16	2.90	2.902
DSO	125	124	111	122	106	97	72	75	81	92	96	112	122	126	127	123	117	111	103	100	99.5 days
DIO	107	94	125	117	102	98	114	100	98	100	131	130	141	131	131	121	110	97	103	104	104.1 days
DPO	202	210	203	200	188	190	121	177	167	167	130	221	173	201	174	181	99	179	169	126	125.8 days
Cash Conversion Cycle	29	8	33	40	20	5	65	-2	12	25	97	21	91	56	84	63	128	30	37	78	77.8 days
Fixed Asset Turnover	snapshot only																				3.735
Operating Cycle	snapshot only																				203.6 days
Cash Velocity	snapshot only																				2.627
Capital Intensity	snapshot only																				1.429

Growth (YoY)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	6.1%	15.8%	9.0%	14.8%	37.1%	56.8%	81.2%	81.8%	54.9%	23.6%	-7.2%	-20.9%	-25.2%	-23.5%	-12.3%	-1.7%	13.4%	26.7%	30.3%	28.6%	28.63%
Net Income	8.0%	23.1%	-7.2%	17.7%	53.7%	75.9%	1.4%	1.3%	67.4%	28.8%	-12.0%	-40.0%	-43.4%	-53.4%	-48.2%	-23.7%	-5.4%	55.0%	67.5%	50.0%	50.02%
EPS	13.7%	28.9%	-12.0%	11.6%	45.8%	73.4%	1.5%	1.4%	73.4%	29.1%	-12.0%	-40.0%	-43.4%	-53.4%	-48.4%	-23.7%	-5.4%	55.6%	69.4%	50.0%	50.02%
FCF	51.2%	62.2%	-85.5%	-66.1%	-17.4%	93.5%	22.1%	6.7%	1.0%	-1.1%	-1.3%	-1.6%	-1.3%	7.8%	1.8%	1.8%	5.3%	1.2%	2.9%	48.7%	48.72%
EBITDA	1.7%	15.2%	-13.0%	3.9%	56.5%	84.8%	1.7%	1.5%	85.1%	27.2%	-21.8%	-49.2%	-51.3%	-54.8%	-46.6%	-13.1%	-9.1%	61.6%	75.2%	55.7%	55.74%
Op. Income	9.4%	22.8%	-8.9%	15.9%	57.2%	92.4%	1.8%	1.5%	77.8%	27.3%	-17.3%	-45.9%	-48.8%	-53.9%	-46.9%	-16.3%	2.4%	51.4%	61.4%	38.7%	38.67%
OCF Growth	snapshot only																				1.80%
Asset Growth	snapshot only																				18.00%
Equity Growth	snapshot only																				9.26%
Debt Growth	snapshot only																				80.51%
Shares Change	snapshot only																				0.00%
Dividend Growth	snapshot only																				97.76%

Growth (CAGR)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	-1.5%	1.1%	2.8%	7.1%	13.1%	19.0%	28.7%	31.8%	31.1%	30.9%	22.4%	18.2%	16.7%	14.0%	13.9%	12.2%	9.5%	6.2%	2.0%	-0.0%	-0.02%
Revenue 5Y	9.7%	9.9%	9.9%	8.6%	10.0%	10.0%	13.6%	15.2%	15.2%	14.9%	12.8%	12.0%	10.9%	9.8%	11.7%	12.2%	13.8%	16.8%	16.0%	15.8%	15.84%
EPS 3Y	0.1%	17.0%	10.2%	23.4%	28.2%	25.4%	35.4%	36.2%	42.2%	42.3%	25.2%	16.5%	12.7%	1.4%	4.8%	2.6%	-2.4%	-2.2%	-8.3%	-11.8%	-11.75%
EPS 5Y	5.4%	4.9%	1.4%	4.4%	7.5%	11.7%	19.1%	21.0%	20.4%	29.1%	24.5%	21.6%	15.7%	3.5%	2.5%	2.9%	9.0%	15.9%	11.4%	12.6%	12.60%
Net Income 3Y	0.3%	17.5%	13.9%	27.4%	31.3%	27.0%	41.1%	41.9%	40.6%	40.8%	26.0%	17.2%	13.4%	1.8%	3.7%	1.4%	-3.6%	-2.4%	-8.6%	-11.8%	-11.75%
Net Income 5Y	4.6%	4.8%	2.8%	4.5%	8.6%	12.1%	18.2%	20.1%	21.1%	29.7%	26.0%	23.1%	16.5%	4.2%	5.1%	5.5%	8.3%	15.0%	11.6%	13.0%	13.00%
EBITDA 3Y	0.8%	19.9%	16.7%	25.3%	32.5%	28.6%	46.1%	47.1%	43.4%	39.4%	21.9%	10.3%	12.2%	2.0%	3.6%	3.9%	-6.4%	-2.4%	-9.9%	-11.7%	-11.74%
EBITDA 5Y	5.1%	7.4%	5.9%	6.0%	10.1%	13.3%	19.4%	22.5%	24.3%	32.3%	27.1%	20.5%	16.0%	4.1%	5.4%	7.0%	5.5%	14.6%	11.2%	12.6%	12.65%
Gross Profit 3Y	1.7%	3.1%	3.7%	7.2%	10.2%	13.8%	23.4%	25.9%	26.1%	24.4%	16.5%	11.6%	10.9%	10.6%	10.7%	10.0%	5.5%	3.5%	-0.9%	-3.0%	-2.99%
Gross Profit 5Y	7.8%	6.0%	5.4%	4.6%	6.4%	8.8%	12.7%	15.0%	16.3%	16.4%	14.3%	11.8%	9.2%	4.8%	5.9%	6.4%	6.5%	11.5%	10.9%	11.7%	11.71%
Op. Income 3Y	0.6%	17.3%	12.6%	26.7%	32.3%	30.7%	46.1%	47.3%	45.1%	44.4%	27.5%	16.9%	12.7%	4.1%	6.5%	4.9%	-2.3%	-3.9%	-10.9%	-14.4%	-14.36%
Op. Income 5Y	4.7%	6.0%	4.4%	6.3%	11.1%	14.5%	21.1%	22.8%	23.2%	31.6%	26.5%	22.9%	16.1%	5.5%	6.5%	7.7%	9.9%	16.0%	12.2%	13.2%	13.17%
FCF 3Y	—	—	-45.0%	-34.4%	-25.2%	-14.2%	21.0%	47.0%	35.8%	—	—	—	—	8.8%	84.5%	53.6%	32.6%	13.7%	2.1%	-11.3%	-11.31%
FCF 5Y	42.4%	27.1%	-22.6%	-4.4%	14.0%	17.2%	—	—	—	—	—	—	—	-15.9%	-13.6%	8.3%	23.9%	35.7%	29.0%	12.8%	12.84%
OCF 3Y	1.1%	—	-15.5%	-20.5%	-20.3%	-12.1%	17.6%	30.1%	20.6%	-29.3%	—	—	-58.5%	-26.5%	-25.2%	2.8%	6.5%	11.8%	2.5%	-8.2%	-8.24%
OCF 5Y	41.2%	30.6%	3.2%	4.1%	10.6%	10.9%	42.0%	1.4%	66.2%	—	—	—	-46.1%	-28.9%	-32.3%	-9.5%	4.3%	20.1%	18.8%	11.3%	11.31%
Assets 3Y	7.3%	11.8%	10.4%	11.1%	12.3%	15.3%	21.7%	23.5%	20.0%	18.5%	16.8%	14.6%	14.1%	13.2%	11.8%	11.0%	9.2%	8.1%	4.8%	4.4%	4.41%
Assets 5Y	12.1%	11.9%	11.7%	11.3%	10.7%	10.3%	14.4%	14.0%	13.2%	14.2%	12.6%	12.1%	11.5%	12.1%	12.3%	12.7%	12.8%	13.7%	14.0%	13.5%	13.49%
Equity 3Y	7.6%	8.2%	8.2%	8.9%	9.9%	10.6%	12.7%	13.5%	14.0%	14.6%	14.8%	13.5%	13.5%	12.4%	12.7%	12.5%	11.4%	10.8%	9.6%	8.2%	8.19%
Book Value 3Y	7.3%	7.7%	4.7%	5.5%	7.4%	9.3%	8.2%	8.9%	15.3%	15.9%	14.1%	12.9%	12.8%	12.0%	13.9%	13.8%	12.7%	11.1%	9.9%	8.2%	8.19%
Dividend 3Y	-0.1%	-0.8%	-3.6%	4.1%	5.1%	6.5%	3.6%	7.2%	12.8%	41.9%	39.4%	30.8%	30.7%	-14.0%	-12.7%	-33.5%	-33.1%	-19.7%	-19.7%	25.5%	25.52%

Growth Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.53	0.61	0.80	0.91	0.66	0.38	0.43	0.47	0.56	0.68	0.66	0.61	0.60	0.60	0.57	0.49	0.56	0.63	0.58	0.49	0.486
Earnings Stability	0.03	0.07	0.10	0.11	0.30	0.44	0.47	0.52	0.67	0.85	0.76	0.58	0.55	0.31	0.22	0.15	0.18	0.21	0.12	0.08	0.081
Margin Stability	0.92	0.90	0.89	0.90	0.92	0.93	0.92	0.92	0.91	0.91	0.91	0.92	0.93	0.92	0.90	0.89	0.87	0.90	0.89	0.91	0.910
Rev. Growth Consistency	0.50	0.50	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	0.500
Earn. Growth Consistency	1.00	0.50	0.00	1.00	1.00	1.00	0.50	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.500
FCF Positive Streak	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	1	1	1	0
Earnings Persistence	0.97	0.91	0.97	0.93	0.50	0.50	0.50	0.50	0.50	0.88	0.95	0.84	0.83	0.50	0.81	0.91	0.98	0.50	0.50	0.50	0.500
Earnings Smoothness	0.92	0.79	0.93	0.84	0.58	0.45	0.16	0.22	0.50	0.75	0.87	0.50	0.45	0.27	0.37	0.73	0.94	0.57	0.50	0.60	0.600
ROE Trend	0.01	0.01	-0.01	0.01	0.04	0.07	0.10	0.12	0.08	0.05	0.00	-0.05	-0.07	-0.10	-0.11	-0.09	-0.07	-0.02	0.00	0.02	0.017
Gross Margin Trend	0.00	-0.05	-0.06	-0.06	-0.06	-0.02	-0.01	-0.00	0.01	0.00	0.00	-0.01	-0.02	-0.03	-0.04	-0.03	-0.05	-0.01	-0.00	0.00	0.004
FCF Margin Trend	-0.05	-0.09	-0.14	-0.10	-0.03	0.03	0.12	0.09	-0.00	-0.11	-0.16	-0.26	-0.12	0.03	0.00	0.09	0.10	0.10	0.18	0.15	0.145
Sustainable Growth Rate	8.1%	8.7%	7.5%	8.8%	12.3%	15.4%	19.9%	21.0%	18.8%	11.2%	8.0%	2.4%	1.0%	3.1%	2.7%	6.9%	7.7%	10.4%	10.7%	8.2%	8.19%
Internal Growth Rate	5.7%	6.0%	5.1%	6.0%	8.3%	10.0%	12.9%	13.7%	12.5%	7.1%	5.0%	1.4%	0.6%	1.9%	1.8%	4.6%	5.2%	6.8%	7.2%	5.4%	5.36%

Cash Flow Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	1.54	1.21	0.67	0.78	0.79	1.02	1.30	1.34	0.82	0.16	-0.19	-0.82	0.08	0.45	0.25	0.81	1.07	1.53	1.84	1.51	1.511
FCF/OCF	0.63	0.58	0.17	0.43	0.65	0.75	0.84	0.85	0.76	-0.37	2.20	1.37	-3.96	1.87	2.59	1.45	1.26	0.79	0.83	0.77	0.769
FCF/Net Income	snapshot only																				1.163
OCF/EBITDA	snapshot only																				1.207
CapEx/Revenue	7.4%	6.8%	6.5%	5.8%	4.0%	3.8%	3.4%	3.3%	3.1%	3.3%	3.5%	3.8%	4.4%	4.0%	3.8%	3.6%	3.8%	3.6%	3.7%	4.0%	3.95%
CapEx/Depreciation	snapshot only																				3.934
Accruals Ratio	-0.04	-0.02	0.02	0.02	0.02	-0.00	-0.04	-0.05	0.03	0.11	0.13	0.15	0.07	0.03	0.04	0.01	-0.00	-0.04	-0.07	-0.04	-0.044
Sloan Accruals	snapshot only																				0.057
Cash Flow Adequacy	snapshot only																				1.998
Earnings Quality Score	snapshot only																				1.000

Dividends & Buybacks

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	0.8%	0.9%	1.1%	0.8%	0.6%	0.5%	0.6%	0.9%	1.3%	2.6%	3.1%	4.6%	4.1%	2.0%	1.8%	1.0%	0.6%	0.5%	0.5%	0.8%	1.32%
Dividend/Share	$0.21	$0.21	$0.20	$0.24	$0.25	$0.25	$0.25	$0.35	$0.35	$0.70	$0.70	$0.81	$0.80	$0.45	$0.45	$0.23	$0.23	$0.23	$0.23	$0.45	$0.45
Payout Ratio	33.9%	31.6%	34.5%	35.8%	27.4%	22.5%	17.7%	21.9%	22.8%	48.3%	55.5%	83.2%	91.4%	66.8%	69.1%	30.9%	28.0%	22.1%	21.2%	40.8%	40.78%
FCF Payout Ratio	35.1%	45.5%	3.0%	1.1%	52.8%	29.5%	16.3%	19.1%	36.7%	—	—	—	—	78.8%	1.1%	26.4%	20.7%	18.3%	14.0%	35.1%	35.08%
Total Payout Ratio	33.9%	31.6%	34.5%	35.8%	27.4%	22.5%	17.7%	21.9%	22.9%	48.7%	56.0%	84.0%	91.8%	66.8%	69.1%	31.3%	28.0%	22.1%	21.2%	40.8%	40.78%
Div. Increase Streak	1	0	0	1	1	0	0	1	1	1	1	1	1	0	0	0	0	0	0	0	0
Chowder Number	0.01	-0.00	-0.00	0.25	0.25	0.26	0.26	0.40	0.40	1.79	1.79	1.33	1.31	-0.34	-0.34	-0.71	-0.70	-0.48	-0.48	0.99	0.986
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Net Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Total Shareholder Return	0.8%	0.9%	1.1%	0.8%	0.6%	0.5%	0.6%	0.9%	1.3%	2.6%	3.1%	4.6%	4.1%	2.0%	1.8%	1.0%	0.6%	0.5%	0.5%	0.8%	0.84%

DuPont Factors

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.89	0.90	0.91	0.91	0.87	0.83	0.81	0.80	0.82	0.83	0.86	0.89	0.90	0.82	0.81	0.79	0.79	0.84	0.85	0.86	0.858
Interest Burden (EBT/EBIT)	1.18	1.14	1.15	1.17	1.12	1.11	1.07	1.07	1.03	1.10	1.17	1.25	1.20	1.32	1.35	1.28	1.38	1.09	1.04	1.00	1.001
EBIT Margin	0.12	0.13	0.11	0.12	0.15	0.16	0.19	0.19	0.19	0.17	0.15	0.11	0.11	0.09	0.08	0.10	0.09	0.13	0.13	0.13	0.132
Asset Turnover	0.63	0.62	0.63	0.67	0.73	0.79	0.87	0.93	0.92	0.83	0.71	0.66	0.63	0.59	0.62	0.66	0.69	0.70	0.74	0.76	0.758
Equity Multiplier	1.50	1.55	1.53	1.56	1.61	1.69	1.74	1.75	1.68	1.69	1.69	1.70	1.63	1.64	1.55	1.55	1.57	1.64	1.60	1.61	1.611

Per Share

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$0.61	$0.65	$0.57	$0.68	$0.89	$1.12	$1.44	$1.61	$1.55	$1.45	$1.26	$0.97	$0.88	$0.68	$0.65	$0.74	$0.83	$1.05	$1.11	$1.11	$1.11
Book Value/Share	$5.19	$5.32	$5.17	$5.20	$5.58	$6.08	$6.49	$6.61	$6.96	$7.25	$7.50	$7.21	$7.45	$7.47	$7.63	$7.66	$7.99	$8.33	$8.61	$8.37	$8.53
Tangible Book/Share	$4.80	$4.92	$4.78	$4.81	$5.19	$5.68	$6.10	$6.22	$6.57	$6.80	$7.06	$6.77	$7.02	$7.02	$7.18	$7.22	$7.55	$7.88	$8.17	$7.94	$7.94
Revenue/Share	$4.72	$4.88	$4.80	$5.20	$6.13	$7.54	$9.00	$9.79	$9.84	$9.34	$8.36	$7.74	$7.36	$7.14	$7.31	$7.61	$8.34	$9.09	$9.64	$9.79	$9.79
FCF/Share	$0.59	$0.45	$0.07	$0.23	$0.46	$0.86	$1.57	$1.85	$0.96	$-0.08	$-0.54	$-1.09	$-0.26	$0.57	$0.42	$0.87	$1.12	$1.27	$1.68	$1.29	$1.29
OCF/Share	$0.94	$0.78	$0.38	$0.53	$0.71	$1.15	$1.87	$2.17	$1.27	$0.23	$-0.25	$-0.80	$0.07	$0.31	$0.16	$0.60	$0.89	$1.61	$2.03	$1.68	$1.68
Cash/Share	$2.28	$2.68	$2.19	$2.18	$2.87	$3.33	$3.79	$4.07	$3.36	$3.08	$2.67	$1.04	$1.23	$1.87	$1.14	$0.95	$1.96	$3.62	$2.97	$3.73	$3.73
EBITDA/Share	$0.70	$0.75	$0.66	$0.77	$1.04	$1.36	$1.81	$2.02	$2.00	$1.74	$1.42	$1.03	$0.97	$0.79	$0.75	$0.89	$0.88	$1.28	$1.34	$1.39	$1.39
Debt/Share	$0.08	$0.09	$0.08	$0.14	$0.14	$0.14	$0.14	$0.03	$0.03	$0.22	$0.11	$1.31	$0.31	$0.50	$0.20	$0.03	$1.35	$0.29	$0.28	$2.36	$2.36
Net Debt/Share	$-2.20	$-2.58	$-2.10	$-2.05	$-2.73	$-3.19	$-3.65	$-4.04	$-3.32	$-2.86	$-2.56	$0.26	$-0.92	$-1.37	$-0.94	$-0.92	$-0.61	$-3.33	$-2.69	$-1.37	$-1.37

Academic Models

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	7.828
Altman Z-Prime	snapshot only																				14.174
Piotroski F-Score	5	6	2	4	4	6	7	8	7	6	4	2	4	3	2	6	6	9	7	7	7
Beneish M-Score	-2.59	-2.20	-2.17	-2.22	-1.82	-2.08	-1.57	-2.33	-2.11	-1.41	-1.17	-0.76	-1.64	-1.99	-2.02	-2.49	-2.22	-2.37	-2.61	-2.68	-2.676
Ohlson O-Score	snapshot only																				-9.475
ROIC (Greenblatt)	snapshot only																				19.53%
Net-Net WC	snapshot only																				$3.46
EVA	snapshot only																				$230201600.72

Credit

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				AA+
Credit Score	95.79	95.88	95.90	96.24	95.81	95.58	95.58	95.99	95.76	86.06	84.40	80.63	83.72	95.59	95.46	95.64	94.17	95.58	95.68	93.01	93.014
Credit Grade	snapshot only																				2
Credit Trend	snapshot only																				-2.629
Implied Spread (bps)	snapshot only																				65.000
Industry Credit Rank	snapshot only																				87
Sector Credit Rank	snapshot only																				89

002518.SZ SHZ

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Sign in to InsiderStreet